DiscontinuedBitcoin paymentsBitcoin2011–2013
BitInstant
CoinCentral reported purchases through 700,000-plus stores
A service that sped up bitcoin purchases and transfers between exchanges using fiat payment channels.
- Capital raised (announced)
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Winklevoss Capital financing | May 2013 |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Charlie Shrem | — | Co-founder, Druid Ventures | Oct 2026 |
How it ended
CoinCentral reported that BitInstant suspended services for a planned software upgrade and did not resume. The last operation month is distinct from later proceedings involving its co-founder.
Still alive
Open spot
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Sources
2 sources behind this page.
- 1Charlie Shrem: professional biography · Charlie Shrem
- 2What Was BitInstant? · CoinCentral · Nov 2018
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.